As the days start getting longer and the weather begins to warm up, many people are getting ready for their annual spring cleaning. However, it's not just your home that could use a little sprucing up. Your finances can also benefit from a bit of spring cleaning as well. 

Here are twelve tips for a successful financial spring cleaning: 

1. Review your bank statements: review your bank statements carefully to identify any recurring expenses that you may have forgotten about, or that you are no longer using. This could include gym memberships, subscription services, or automatic payments for bills you no longer need. 

2. Evaluate your spending: track spending over the past few months and look for areas where you can cut back, such as subscriptions or discretionary expenses, and redirect that money towards your financial goals. 

3. Review your debt to see if there are any areas where you could consolidate debt at a lower interest rate. Prioritize eliminating smaller outstanding debts, or the highest-interest rate ones first. 

4. Check your credit report: your credit report is an essential part of your financial health. Review your credit report to make sure there are no errors or fraudulent activity. This can help maintain a good credit score, which is crucial when applying for loans or credit cards. 

5. Organize your paperwork: take the time to organize your financial paperwork, such as bank statements, bills, and tax documents. Make sure you have a system in place to keep track of important documents, so you can easily access them when needed. 

6. Consolidate your accounts: if you have multiple bank accounts or credit cards, consider consolidating them to make it easier to manage your finances. This can also help you save money on fees or interest charges. 

7. Review your investments: review your investment portfolio to make sure it's aligned with your financial goals and risk tolerance. Consolidate any former workplace-based accounts with your main financial institution. 

8. Automate your savings: automating your savings can help you save money without even having to think about it. Set up automatic transfers to your savings account each month to ensure that you're putting money away for a rainy day. 

9. Evaluate your insurance: review your insurance policies, such as auto, home, or life insurance, to make sure you have adequate coverage. Consider shopping around for better rates, as you may be able to save money on your premiums. 

10. Review your will and other legal documents, as well as beneficiary designations or any investment accounts or insurance policies to may sure they are still current. 

11. Review your financial or retirement plan to see if you are still on track to reach your financial goals. 

12. Purge any old financial records that are no longer required. 

Doing a financial spring cleaning can help you get your finances in order and make sure you're on track to meet your financial goals, whether that's preparing for retirement, buying a house, or saving up for that trip you've always wanted to go on!